Belize Real Estate as Viable International Investment Opportunity
Two tropical destinations in Belize have been named by CBS.com as viable international investment opportunities. Belize is the only country to have two locations mentioned by the article by real estate expert Ilyce Glink. Belize is also the only country on the list where English is the official language. Navigating the real estate market in Turkish, Spanish, or Portuguese may be more daunting. Glink extols the qualifications for making this elite list: “We worked with Live and Invest Overseas, a publication and research company specializing in international living, to determine the best international property buys for 2014. In culling the list, the firm considered many factors, including market events, currency fluctuations and tourism.” The facts have proven Real Estate in Belize to be a most promising investment opportunity.
While prices for vacation style properties in warmer climates in the U.S. continue to increase, www.cbs.com notes, “investors, retirees and adventurous buyers are looking internationally for options that offer a better bang for their buck . . . where your return on investment could be as nice as your coastal view.”
The small Central American country of Belize is just south of Mexico along the Yucatan peninsula, facing the beautiful blue Caribbean Sea. Ms. Glink highlights the main features of the popular tropical destination:
“On Ambergris Caye, the largest island in Belize, there aren’t many homes you wouldn’t consider ‘beachfront.’ Its mild weather, tropical landscape and numerous recreational opportunities make it a highly sought-after destination for real estate investors and vacationers. Ambergris Caye has recovered from the global housing crisis, but has retained prices that are still less expensive than similar Caribbean locations. You could snag a two-bedroom beachfront condo for around $250,000 or a one-bedroom condo just off the beach for $150,000 or less. If you could buy prime beachfront property at a bargain price, wouldn’t you?”
Belize offers a double opportunity to adopt a new tropical lifestyle: “If the beach isn’t your thing, consider buying property in the Cayo district of Belize. The mountainous area with lush jungles has condo prices that are usually half as expensive as the ones on Ambergris Caye: Two or three-bedroom houses can cost less than $100,000. Housing developments geared toward American retirees have also been popping up in the area, with homes starting at around $130,000. These feature amenities many people in the U.S. are looking for, like well-paved roads, underground utilities, air conditioning and high-speed internet.”
Ilyce R. Glink is a columnist and author, host of “Expert Real Estate Tips,” an Internet video show.